Chapter 605: The investment layout of the ‘Yuhang No. 4’ Fund!

"Okay!" Li Meng had no objection to this.

People like Liu Yuan, Zhao Lijun, Zhang Guobing, and Zhu Tianyang are indeed the key members of the trading team trained by the company. Now the company's asset management scale is rapidly expanding, and these people already have experience in large-fund operations. At this time, It's time to push these people out and stand alone.

Also, at this time, the company actually has no other choice but to use these people.

While the two were talking, the market reopened.

I saw that after the Shanghai Stock Index fluctuated around the 2650 point for almost a week, it began to invest in the two main investment lines of 'infrastructure' and 'military industry', as well as the 'Eurasian Economic Belt', 'New Era Road, and Maritime Silk Road' , 'Reform and Reorganization of Central and State-owned Enterprises' and other conceptual themes, it broke through the early shock platform and continued to set new highs for the year.

The overall market investment atmosphere and emotional atmosphere are good.

After a brief discussion with Li Meng, Su Yu announced the personnel adjustments and new job appointments to several trading groups in the fund trading department in the afternoon.

Liu Yuan, Zhang Guobing, Zhao Lijun, Zhu Tianyang and several others.

When I heard that I had been appointed as the fund manager, and that I would jointly manage the main fund products of the 'Yu Hang Series' with Su Yu and Li Meng, I was more or less excited except for the unexpected.

After all, the influence of the ‘Yuhang Series’ fund products in the industry is extraordinary.

Although they were promoted and appointed, their fund manager positions are behind Su Yu and Li Meng, and they jointly manage the fund, but being able to take charge of such a 'star fund product' will also be of great significance to their future career development paths. deeply affected.

After appointment to the position is completed.

The ‘Yuhang No. 4’ fund product, which has just completed fundraising, has also begun to enter closed operation.

At the same time, the trading team of the ‘Yuhang No. 4’ fund product also began to be quickly formed.

According to Su Yu's plan, this 30 billion main fund product is equipped with a total of 5 trading teams. The leader of the trading team is a former trading team member of the 'Yuhang No. 1' fund, and its traders are basically Half of the employees were transferred from the first three main fund products, plus some qualified traders trained in the company's trader training class.

The next day after the team was formed.

After the market opened, the "Yuhang No. 4" fund product was initially opened under the leadership of Zhang Guobing, the trading fund manager.

Follow Su Yu’s macro strategy guidance.

The main direction of building positions of the ‘Yuhang No. 4’ fund is no longer the two core lines of ‘infrastructure’ and ‘military industry’.

It will be the main line sector of "big finance" under the "bull market expectation".

"Mr. Su, do you have any instructions for opening positions in the 'financial' direction?" Zhang Guobing asked in the main fund trading room, "How should we set the priority of individual stocks."

Su Yu smiled and asked, "What do you think?"

Zhang Guobing thought for a while and responded: "In the entire 'big finance' direction, if 'bull market expectations' are the investment logic, then the priority of 'securities' must be the highest.

After all, whether it is the surge in the balance of market financing or the surge in transaction volume.

And countless potential investor groups outside the market are vying to enter the market.

These increments can bring actual performance to securities companies, and they can also cause securities companies to experience a sudden increase in performance.

Moreover, in the domestic asset management industry, the proportion of securities proprietary business is not low.

The market continues to be hot and the index continues to move forward. The proprietary business of this part of the securities company can also bring huge profits to the company.

In addition, the market has been depressed for several years.

The valuation of the entire 'big financial' sector has been severely suppressed by the market, and everyone's expectations are extremely low.

This has led to an improvement in market conditions, and with the "bull market expectations" getting stronger and stronger, the "securities" sector's expected difference and flexibility have become the strongest sector in the entire "big financial" sector.

Of course, if the "bull market expectations" become more and more intense, the market can really form a bull market.

The two major financial sectors, banking and insurance, are also important sectors for direct income. Even the currently popular "Internet Finance" sector will have its investment logic deepened, and market expectations will continue to rise.

So, my advice is.

Securities first, then the 'Internet finance' sector, then reinsurance, then banks... it may be better to lay out in this order and priority.

It’s the specific direction…”

Zhang Guobing paused and continued: "The specific target will account for the weight of the total position. I don't have a specific plan in mind yet. I hope Mr. Su can provide guidance."

Su Yu responded with a smile: "There are tens of billions of funds. If we want to operate such a large fund, the first thing we need to pay attention to, in addition to expectations and investment logic, is the liquidity of the market. Sufficient liquidity , it can save us a lot of detours, and it is also a safety insurance that allows us to respond immediately when dealing with extreme market conditions.

Therefore, at this time, our first priority is to build a position.

It is necessary to consider comprehensive liquidity.

The investment priority of 'securities' is correct. In the entire securities sector, the position weight can be sorted according to the liquidity of the corresponding stocks.

For those with high liquidity, the position weight can be increased accordingly.

If liquidity is low, the position weight cannot be too high.

After all, sometimes it’s easy to get in but hard to get out!

As for the ‘Internet Finance’ sector, the corresponding operating logic is the same. "

"Well, then I understand!" Zhang Guobing nodded when he heard Su Yu's words, already knowing what he was saying.

Regarding the layout of the field of ‘big finance’…

In fact, the fundamental changes of many individual stocks are similar and there is not much difference. In this way, it would be much simpler to determine the position weight according to the order of liquidity.

And according to the order of liquidity, in the entire securities sector.

Naturally, the stocks of first-class securities companies such as ‘Huaxin Securities, Huashang Securities, Huatong Securities, and Huatai Securities’ have become the number one target of building positions for the ‘Yuhang No. 4’ fund.

After straightening out the ideas and logic of building a position.

At 10 o'clock in the morning, as the Shanghai Stock Index continued to make breakthroughs in upward volume, the "Yuhang No. 4" fund product began to invest funds into the market.

And when the ‘Yuhang No. 4’ fund has fully invested funds to build a position.

At 10:10, the entire securities sector of the market began to move up significantly.

The stocks of major securities firms such as Huaxin Securities, Huatong Securities, Huashang Securities, and Huatai Securities are frequently receiving large orders totaling 10,000 buyers.

Of course, at the same time.

On the market of other securities stocks, there are also frequent attacks by big funds, snapping up chips at relatively low levels.

The entire ‘Yuhang No. 4’ fund product has a total volume of 30 billion.

Su Yu's guidance to Zhang Guobing did not specify how much capital he could only invest, nor how many positions he needed to establish within a certain amount of time.

This gave Zhang Guobing sufficient autonomy in building positions, allowing him to fully exert himself.

At 10:20, under the continuous main attack of main funds, the securities sector has squeezed into the forefront of the market industry sector gainers list today despite several downturns.

And as the market trading time goes by, the increase trend of its sector index becomes steeper and steeper.

The amount of large net inflows of funds is also getting higher and higher.

At 10:25, the 'Securities' sector rose by more than 2%. Among them, the stocks of large brokerage institutions with a market value of more than 50 billion, such as 'Huaxin Securities, Huashang Securities, Huatai Securities, and Huatong Securities', rose by more than 3%. This shows that today's securities sector changes have begun to break away from the passive rise of small-cap securities stocks driving large-cap securities stocks, and have transformed into a passive rise of large-cap securities leading small-cap securities.

And this... also shows that there are main funds that are actually building positions and intend to hold them in the medium and long term.

After all, for real short- and medium-term speculation, tickets with a small circulation have far more flexibility than tickets with a large circulation, and it is easier to control the market.

When the securities sector rises by more than 2%.

From passively following the rise of the market index before, it is time to actively lead the rise of the index.

Throughout the market, countless investors on and off the market, as well as fund managers of countless asset management institutions in the industry, began to focus on the 'securities' sector.

"When the securities move, the market index will probably correct again, right?" someone lamented.

When the majority of investors in the market still judge the market to rebound rather than reverse, the securities sector is a sector with no investment value for everyone, and it is the market's "shit stirrup" Yes, after all, the overall volume of this sector is very large, and the circulation market is also very large. To pull such a market, a very large amount of funds is required, and when the securities sector begins to siphon the active funds in the market.

Then, it will naturally cause other active sectors of the market to lose blood instantly, and finally form a market acceptance problem.

This is also usual...

The reason why when securities move, the market trend is bad.

This is also the reason why many investors holding positions in the market hate the changes in the "securities" sector that suck up active funds in the market.

All in all, when the "bull market expectations" and "bull market confidence" have not been fully established, it is difficult for this sector to gather a sustained profit-making effect. As a result, it is not very popular and continues to pay attention to the market investor group, and it is also difficult to absorb Continuous active capital and large capital entry.

Of course, these factors...

For the 'Yuhang No. 4' fund, which is in the initial stage of building a position at this moment, it is not important at all.

On the contrary, for the ‘Yuhang No. 4’ fund.

Zhang Guobing wishes that the securities sector could continue to be looked down upon by the majority of investors in the market and fluctuate back and forth for a period of time at this relative bottom position.

After all, only in this way can he have enough time to fill his position.

"Anyway, before the Shanghai Stock Exchange Index breaks through 3,000 points, the securities sector is not worth watching at all."

"I have lost money several times in the securities sector. There is no market continuity in this sector. The last time the Shanghai Stock Exchange Index exceeded 2,500 points, the securities sector surged for a day. As a result...just when everyone thought that the bull market was coming, the securities sector would have When the market continued to rise, I didn’t expect that this sector would fall back quickly.”

"'Big Finance' is the ballast stone of the market and cannot skyrocket."

"It is safe to sit on the boat of the two core main lines of 'infrastructure' and 'military industry'. Following Mr. Su's core positions, we can outperform the market and the market no matter what. In securities and big finance, if the bull market does not come, how can we What’s the market going to come? At this time...even if there is funds to do it, it’s mostly based on gambling, and there is no basis for the birth of a sustainable market.”

"Indeed, at this stage, we cannot be too optimistic about the securities sector."

"At this time, even if the securities sector can rise, it will probably only follow the index to make up for the rise."

"Hey, maybe it rose in the morning and fell in the afternoon. Several times, when the securities sector moved, banks and insurance companies followed. Today, even banks and insurance companies didn't follow. The market will definitely not continue."

"I agree, securities are simply a sector of little value at the moment."

"I wonder if those stupid funds are trying to sell securities? At this time, it's a damn thing that the securities can be pulled up."

"The key is to pull, and it's actually the stocks of large brokerage companies. I'm surprised. With tens of billions of money to pull large-cap stocks, it's used on some leading stocks of small concepts. Wouldn't the index skyrocket and break through soon? If you want the market to be good, it's best to The most important thing is that the market investment sentiment must be good!”

"That makes sense. Sometimes I think big money...isn't actually very smart."

"In large funds, the level of various traders is also uneven. Not all of them are like Mr. Su from the 'Yuhang system'."

"It's natural. If all of them are from the 'Yuhang system', Mr. Su, that's fine."

"If all of these institutional traders were Mr. Su, then we people... wouldn't have to speculate in stocks. Buying funds would be the real thing."

While everyone is continuing to discuss and are looking down on the securities sector...

at the same time.

Magic City, inside Zexi Investment Company, in the main fund trading room.

Trading team leader Zhou Kan stared at the changes in the two markets, his eyes fixed on the rising securities sector index. After pondering for a while, he couldn't help but ask Xu Xiang who was standing aside: "Boss, do you feel...'Securities' today?" The movement of the plate seems to be obviously different after following it a few times!"

"What's the difference?" Xu Xiang asked with a smile.

Zhou Kan thought for a while and responded: "The funds entering this sector do not give priority to small-cap securities stocks, but focus on large-cap stocks such as 'Huaxin Securities, Huashang Securities, Huatong Securities, and Huatai Securities'." It is very strange that in the entire sector, the stocks of large-cap securities companies have a better upward trend than the stocks of small-cap securities companies, and the market funds are also more active. This is very strange.

Moreover, when securities siphon funds.

It is even more strange that the banking and insurance sectors, which have always been linked to the securities sector, have not moved significantly, and even if they have moved, they have passively fluctuated with the index.

It seems that...the funds entering the securities sector have no intention of really driving the main line of 'big finance'! "